The National Energy Regulator of South Africa (Nersa) announced that it has granted Eskom a tariff hike of 12.74% for the 2024/25 tax year, compared to the previous 18.65% tariff hike in the 2023/24 tax year.
This will immediately and directly be felt by those customers who are directly supplied electricity by Eskom. However, this will only come into effect in July 2024 for many customers in the many municipal areas where the municipality has its own electricity distribution entity.
Many South Africans are furious about this high electricity tariff increase of 12.74%, arguing that it is way above, far more than